Business Solutions Interest Rates
Effective 20 November 2020
|
My Everyday Business Account (S90) |
Interest Rate |
|---|---|
|
All Balances |
0.00% pa |
|
My Community Account (S50) |
Interest Rate |
|---|---|
|
All Balances |
0.25% pa1 |
|
Business Saver (S87) |
Interest Rate |
|---|---|
|
$0 - $4,999 |
0.00% pa2 |
|
$5000 - $19,999 |
0.05% pa2 |
|
$20,000 - $49,999 |
0.15% pa2 |
|
$50,000 - $99,999 |
0.20% pa2 |
|
$100,000 + |
0.35% pa2 |
|
Overdraft (Variable Rate) |
Interest Rate |
|---|---|
|
100% Residentially Secured |
6.65% pa |
|
Security Other than Residential |
7.65% pa |
|
Unsecured |
12.65% pa |
|
Term Loan (Variable Rate) |
Interest Rate |
|---|---|
|
100% Residentially Secured |
3.90% pa |
|
Security Other than Residential |
4.90% pa |
|
Unsecured |
9.90% pa |
|
Fixed Rate Loan (min $100,000) - Rates available on request |
|---|
|
Business Banking Solutions over $250,000 |
|---|
|
Rates and Fees available by negoitation |
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Things you should know:
1 Interest calculated daily on the closing balance and credited monthly
2 Interest paid on portion of balance within the tier. Interest calculated daily on the closing balance and credited monthly.
3 On completion of fixed rate period, Term Loan Variable Rates apply.
Rates effective 25/11/2020
